CBL International says 1H 2026 profit rebound driven by higher bunker volumes, wider margins amid oil price surge
BANL•Higher revenue on oil prices and volume growth
For the six months ended June 30, 2026, revenue rose 49.2% to USD 395.59 million on higher oil prices and volume.
Sales volume increased 10.9%, supported by a wider supplier network across more than 70 ports and newer customer wins.
Profitability returned as gross margin widened
Gross profit climbed 140.5% to USD 6.53 million; gross margin widened to 1.65% from 1.02%.
Profitability returned with net income of USD 1.5 million versus a USD 992,000 loss, despite higher interest expense.
Working-capital needs rose with fuel prices; operating cash flow turned positive to USD 1.38 million, and banking facilities expanded.
